Northern Dynasty Minerals Ltd [AMEX: NAK] plunged by -$0.02 during the normal trading session on Friday and reaching a high of $2.21 during the day while it closed the day at $2.16.
Northern Dynasty Minerals Ltd stock has also gained 54.29% of its value over the past 7 days. However, NAK stock has inclined by 136.74% in the 3 months of the year. Over the past six months meanwhile, it has gained 247.43% and gained 580.32% year-on date.
The market cap for NAK stock reached $1.16 billion, with 538.58 million shares outstanding and 527.98 million shares in the current float. Compared to the average trading volume of 8.61M shares, NAK reached a trading volume of 16560095 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Northern Dynasty Minerals Ltd [NAK]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for NAK shares is $2.50 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on NAK stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
H.C. Wainwright have made an estimate for Northern Dynasty Minerals Ltd shares, keeping their opinion on the stock as Buy, with their previous recommendation back on October 19, 2017. While these analysts kept the previous recommendation, Gabelli & Co raised their target price to Buy. The new note on the price target was released on December 21, 2016, representing the official price target for Northern Dynasty Minerals Ltd stock.
The Price to Book ratio for the last quarter was 29.43, with the Price to Cash per share for the same quarter was set at 0.02.
NAK stock trade performance evaluation
Northern Dynasty Minerals Ltd [NAK] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 54.29. With this latest performance, NAK shares gained by 63.64% in over the last four-week period, additionally plugging by 247.43% over the last 6 months – not to mention a rise of 271.45% in the past year of trading.
Northern Dynasty Minerals Ltd [NAK]: An insightful look at the core fundamentals
Return on Equity for this stock declined to -50.96%, with Return on Assets sitting at -50.96%.
Earnings per share (EPS) analysis for Northern Dynasty Minerals Ltd [NAK] stock
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for NAK. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Northern Dynasty Minerals Ltd go to 24.65%.
Northern Dynasty Minerals Ltd [NAK]: Institutional Ownership
There are presently around $14.16%, or 14.42% of NAK stock, in the hands of institutional investors. The top three institutional holders of NAK stocks are: KOPERNIK GLOBAL INVESTORS, LLC with ownership of 32.07 million shares, which is approximately 5.9642%. HERR INVESTMENT GROUP LLC, holding 10.33 million shares of the stock with an approximate value of $$3.2 million in NAK stocks shares; and HERR INVESTMENT GROUP LLC, currently with $$2.3 million in NAK stock with ownership which is approximately 1.381%.
